The ongoing legal struggle over Texas’s controversial law prohibiting governmental contracts with firms boycotting the fossil fuel industry raises significant questions about economic policy, free speech rights, and sustainability initiatives. As the Texas state comptroller Glen Hegar and Attorney General Ken Paxton move to dismiss a lawsuit brought forth by the American Sustainable Business Council
Politics
On a momentous night, Salt Lake City’s council has endorsed a groundbreaking agreement poised to facilitate the issuance of bonds amounting to $900 million, a strategic move intended to breathe new life into the city’s primary sports arena while simultaneously nurturing a vibrant downtown district. This ambitious plan, passed unanimously by the city council late
The $6 billion initiative to replace the Baltimore-Potomac tunnel has emerged as a focal point of scrutiny due to questionable planning and management practices, according to a recent audit by Amtrak’s inspector general (IG). This critical infrastructure project, which aims to alleviate long-standing bottlenecks in one of the busiest rail corridors in the Northeast, has
The recent brief strike by longshoremen, represented by the International Longshoremen’s Association (ILA), has come to an end, thereby alleviating immediate financial anxiety for East and Gulf Coast ports. The labor action, affecting 36 ports and involving approximately 45,000 workers, was resolved in less than 72 hours after negotiations reached a settlement. Central to this
The intricate world of American politics often reflects a balancing act, particularly when it comes to influential committees like the House Committee on Transportation and Infrastructure (T&I). Known for its less theatrical approach to politics, the T&I committee is now at the brink of a potential post-election upheaval. This article delves into the dynamics of
The Municipal Securities Rulemaking Board (MSRB) has unveiled its budget for the fiscal year 2025, setting the financial agenda amid ongoing scrutiny from stakeholders and regulatory authorities. With a total budget estimated at $48.8 million—a slight uptick of 2.9% from the previous fiscal year’s budget—the MSRB’s financial management decisions highlight a commitment to transparency and
Proposition 98 is a pivotal legislative measure that mandates California’s government allocate a minimum percentage of its budget to education annually. Enacted to stabilize funding for public schools and community colleges, this constitutional guarantee plays a vital role in ensuring schools receive adequate financial resources to function effectively. However, the California School Boards Association (CSBA)
In the realm of economic policy-making, inflation and unemployment serve as twin pillars guiding the actions of central banks, particularly the Federal Reserve. Monetary policy is a delicate balancing act where the Fed must navigate the intricate interplay between these two factors to foster a stable economy. Recently, however, Jerome Powell, the chair of the
The landscape of municipal finance is poised for significant changes as Alabama Democratic Representative Terri Sewell steps into the role of co-chair of the House Municipal Finance Caucus. This transition follows the retirement of Maryland Democrat Representative Dutch Ruppersberger, who has long been a stalwart advocate for public finance issues. As Congress gears up for
The recent passing of a continuing resolution (CR) by the House of Representatives and the Senate has sparked discussions about the political dynamics involved in governance and the implications of temporary solutions in addressing persistent budgetary issues. This legislative action, designed to avert a government shutdown and maintain funding for essential programs, involved significant bipartisan